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BTC sees near 22% profit fall

The Bahamas Telecommunications Company (BTC) suffered a near-22 per cent profits fall to $29 million for the first half of its 2016 financial year, as revenues and margins came under pressure from mobile competition preparations.

Collapse ‘bewilders’ FTX Bahamas staff

FTX’s 40 Bahamian staff have been left “bewildered and beleaguered” by the speed of the crypto exchange’s collapse, a senior executive says, amid hopes its $74m real estate outlay will prove a key recovery source for local creditors.

Equities to generate 10% returns in 'great year'

The Bahamian stock market will generate a minimum 10 per cent return for investors in 2013, a leading investment banker said yesterday, adding that some listed equities had seen “significant price increases” of up to 69.5 per cent year-over-year.

More than 1,000 queue for a few dozen jobs

MORE than 1,000 people queued up outside Sandals Royal Bahamian Resort in Cable Beach yesterday for the resort’s career fair despite the limited positions available.

Miller revelations ‘show need for Baha Mar clarity’

FREE National Movement Deputy Leader Peter Turnquest said yesterday that Tall Pines MP Leslie Miller’s recent comments about a purported payout guideline for Bahamian creditors owed by Baha Mar is an example of why the Christie administration must be more forthcoming with details of the new deal to remobilise the resort.

What was the cost of the trip to Singapore?

OVER THE weekend we had a call from an angry citizen — someone in a position to know what he was talking about.

Major overcomes pain for win

Meacher ‘Pain’ Major had to go on the defensive, using his jab to hold off a pesky Brazilian Roger Rosa for a six-round unanimous decision on Friday night in the Rainforest Theatre of the Wyndham resort in Cable Beach.

PM tells Bahamian students on Jubilee Day 'celebrate yourselves'

PRIME Minister Philip “Brave” Davis on Friday addressed Bahamian students, encouraging national pride in celebration of Jubilee Day.

Best Buddy scheme helps disabled to graduate at Baha Mar

FIVE students with developmental or intellectual disabilities have been offered jobs at Cable Beach mega-resort Baha Mar after graduating from the resort’s Leadership Development Institute yesterday.

Technical issues upset residents trying to buy Junkanoo tickets on Aliv’s app

THIRTY-SEVEN per cent of Junkanoo parade seats are reserved for certain people, with many seats located in prime positions in Rawson Square and in the front of Scotiabank.

Davis announces candidacy for PLP leadership at upcoming convention

PLP leader Philip 'Brave' Davis officially announced his candidacy for the party's leadership at its upcoming convention during a prayer breakfast on Saturday morning.

Number of students now working online up to 45,000

ABOUT 45,000 students have now registered for the Ministry for Education’s virtual learning programme, according to Education Minister Jeff Lloyd. Last month, it was revealed around 40,000 students had enrolled.

‘BANNED’: CINEMA SLAMS FILM RATING – ‘Demonic content’ among reasons for blocking screening

FUSION’S chief legal officer called for the “archaic and outdated” Theatre and Cinemas regulations to be amended after the Film Control Board reportedly restricted the company’s ability to show a movie by giving it a D rating.

Balmoral to feature $100m in real estate

The Balmoral’s developer yesterday said the project would be completed in six months, estimating that it will contain $100 million worth of real estate at full build-out.

Super Value store robber shot by police

POLICE shot and injured a suspect moments after he allegedly robbed the Super Value food store in Cable Beach on Monday night.

Employees reject 20% City Markets severance offer?

A FREEPORT-based attorney said yesterday he may seek the Supreme Court’s assistance in the disbursement of monies owed to former City Markets employees, amid suggestions that staff had rejected an offer to receive 20 per cent of the severance pay due to them.

Long on promises, short on delivery

A COMMENT by Prime Minister Perry Christie that he is pleased to be leading the country at this time because he feels the nation requires someone with his "temperament and personality" to bring in the levels of investment that are "quickly" needed, recalls a conversation we had with Mr Christie towards the end of his first administration as prime minister.

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